One truth remains unchanged when it comes to trading – more traders tend to lose trades, than traders who actually win trades. Recent research and studies show that about 90% of traders lose their money when trading. Only about 10% of traders can win profits when trading. So, why is there a huge percentage of … Read more
Having a money management strategy is an essential factor in trading. It should be designed so that you are able to work on consistent profit. This can be done when you win more than you lose. Losses will happen. You can be sure of that. More important is that you lose as little as possible … Read more
Every time a strategy fails, a trader immediately thinks that the strategy is not working. Regardless of the trading strategy, losses are inevitable. There are simply things that you cannot control as a trader. However, what if you can make a good strategy out of your losses? What if you can use a system that … Read more
The gambler’s fallacy is referring to probability and the wrong assumptions. It may lead to erroneous suppositions and bad trading decisions. You must always analyse the market very carefully and avoid any traps that are waiting for you on the chart or in your own mind. So what is the gambler’s fallacy? The gambler’s fallacy … Read more
Trading is a serious and risky business. When you begin your journey with trading, you must realize there is always risk involved. However, I have some good news for you. There are some tricks that can help you to manage losses and ensure more peace of mind. What are they? Read the article and you … Read more
A dream of every trader is to gain a fast and large profit. This is the main goal of trading. You choose a broker, get to know the platform and enter the market in order to win. But you must be prepared that a loss may also occur. It is not possible to win all … Read more
A very important task for you as a trader is to define your own trading goals. It will help you to stay on the right track during the journey. Having good goals set strengthens your consistency and discipline. The only catch is to choose correctly. The purpose of today’s article is to explain the importance … Read more
Trading seems attractive to many because people think this is a fast and easy way to get rich. Well, it is possible, but let’s not fool ourselves. Trading is hard work. You need to invest your time and practice a lot. The key is to be a better trader and you can achieve it by … Read more
Making stable profits is something every trader dream about. When trading is not going as you wish, it can be a little bit discouraging. But the good news is that getting a consistent profit on the Olymp Trade platform is something you can achieve. And today’s guide will talk about the way of doing it. … Read more
A demo account is a marvellous feature offered by many brokers. You get the possibility to try new methods, indicators and strategies. And all this without risking your own money. But, of course, you did not come to the trading platform just for fun. You want to earn money that you will be able to … Read more